New GRI courses launch Aug. 1, 2016

On August 1, 2016. new online Graduate, REALTOR® Institute designation courses will be available for enrollment!  GRI is well known for taking careers to the next level. GRI advanced-level courses prepare REALTORS® for the challenges of the real estate industry today and tomorrow.

Why should REALTORS® earn the GRI designation? 

  • GRI is a lifetime designation with NO renewal fees.
  • The advanced level coursework builds knowledge beyond the basics.
  • Online courses fit any schedule: study anytime, anywhere.
  • GRI peers are the best in the business.
  • Exclusive benefits and resources are available only to GRI Grads.

Learn about GRI course requirements at www.illinoisrealtor.org/gri.

 

Leasing Agent License Renewal period ends July 31, 2016

Copy of Leasing Agent square graphic 504x504 (2)Leasing Agents must renew their licenses by July 31, 2016. The requirements for renewal include:

  • completion of 6 hours of CE (relevant to leasing residential real property and covering recent changes in the Real Estate Licensing Act)
  • payment of the $100 Illinois licensing fee to IDFPR.

The Illinois REALTORS® Leasing Agent CE Package fulfills the CE requirement for Leasing Agent license renewal and is available in the REALTOR® Store for $38.00.

The tools below will assist Leasing Agents with license renewal:

 

 

 

 

IDFPR Introduces Electronic License Pocket Card

IDFPR Pocket License CardThe Illinois Department of Financial and Professional Regulation is now providing an electronic alternative to the customary paper license pocket card. Licensees may carry their license cards in their smartphones or tablets instead of keeping a paper copy.

To access the electronic license pocket card, licensees should use their device to go to www.idfpr.com/GetMyLicense and enter the appropriate license number and either the Access ID or the last four digits of the licensee’s social security number and date of birth.

Under the Actions column, licensees should click View/Print License and save the pocket card license to the smartphone or tablet as a pdf. If the device does not have the capacity to save the file as a pdf, licensees may also take a screenshot and store it to the device as a photo. Visit the Electronic Pocket Card Overview page on IDFPR’s website for detailed instructions.

 

CCIM offers Development Course opportunity to REALTORS®

CCIM intro to development workshopIllinois REALTORS® who want to understand commercial real estate development better can register for the CCIM Institute’s July class, “Introduction to Development Workshop,” in downtown Chicago.

The July 14-16 course will be offered to REALTORS® for $1,135, and will be held at the Levine Learning Center, 430 N. Michigan Ave., 8th Floor.

The course is part of the CCIM Development Specialty Track, which provides real estate developers, investors and consultants with an understanding of the resources and business practices required for successful development projects. The program is based on the Real Estate Development Matrix put together at the Johns Hopkins Carey Business School.

The course is scheduled to start at 8:30 a.m. each day.  For more details, go to this site.

Reminder for brokers who missed the April 30 license renewal deadline

Missed-deadlineIllinois brokers who failed to renew their real estate licenses, complete their renewal applications and pay their fees to the Illinois Department of Financial and Professional Regulation (IDFPR) by April 30 must contact IDFPR for direction. They cannot practice selling real estate until the matter is resolved.

IDFPR is available by phone 1-800-560-6420 or email FPR.realestate@illinois.gov.

A late renewal fee of $50 is added to the license renewal fee of $150, making a total of $200.

In addition, those who renew without completing the required CE could face a penalty of up to $75 per 3 hour course, or $25 per credit hour, that you were deficient (e.g., deficient 3 hours, $75 penalty).

Those who were required to take post-license courses but renewed and then discovered they took CE will likely be notified of the mistake after the IDFPR audit. Those brokers should take the post-license coursework as soon as possible so the correct records may be sent to the department. Brokers may still be fined up to $25 per credit hour, but it is always best to notify the department to avoid additional penalties.  Unfortunately, the CE completed will not count for the brokers’ next renewal cycle.

What if brokers can’t find a course? The 15-hour Broker Post-License Topics may be taken by home study delivery, but if the Broker Post License Applied Real Estate Practices course isn’t available through any schools, a private instructor may be hired.

IDFPR website does not show updates immediately – The online License Lookup is updated daily but changes should appear in one to two business days, depending on volume.

Email notifications pending – Brokers who completed their CE, paid the fee and submitted the renewal form on or before April 30 may practice their profession even if they have not received the email notification yet.

The email notification will come from IDFPR Notification (FPR.notice@illinois.gov).

Keep copies – Brokers should keep records of their CE, their online renewal confirmation and payment in the case of an audit. Primary source verification and evidence that they are licensed can be obtained free of charge by visiting the IDFPR online License Lookup database at: https://ilesonline.idfpr.illinois.gov/DPR/Lookup/LicenseLookup.aspx.

Also, brokers may print out a screen shot of their license number showing that it is active. If the IDFPR does not have a current email address for a broker, he or she should notify the department immediately. Brokers can change their email addresses by contacting the IDFPR at: https://www.idfpr.com/applications/LicenseReprint/.